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Junior Quant Jobs (NOW HIRING)

Franklin Templeton

Junior Quant Developer

New York, NY · On-site

$105K - $120K/yr

The Quant Technology team partners closely with researchers, portfolio managers, and developers to power data-driven investment strategies using modern platforms like CANVAS ® . Team members ...

Franklintempleton

Junior Quant Developer

New York, NY · Hybrid

$105K - $120K/yr

The Quant Technology team partners closely with researchers, portfolio managers, and developers to power data-driven investment strategies using modern platforms like CANVAS. Team members collaborate ...

Anson McCade

Junior Trader

Manhattan, NY · On-site

$250K/yr

This opportunity is ideal for a highly adaptable Junior Quant/Trader looking to gain exposure across multiple areas of systematic trading. Working directly alongside senior leadership, you will ...

Akuna Capital

Junior Quantitative Researcher

Chicago, IL · On-site

$145K/yr

Akuna's Quant team is looking to add Junior Quant Researchers to a team of mathematicians, statisticians, and technologists. This team creates trading strategies scientifically by combining its ...

WorldQuant

Junior Quantitative Analyst

Austin, TX · On-site +1

$150K/yr

The ideal candidate is a motivated junior quant researcher/developer with knowledge and interest at the intersection of financial markets, machine learning, and data engineering. * Key ...

Engelhart

Junior Quantitative Developer

New York, NY

$150K - $180K/yr

About the Role We are looking for a Junior Quantitative Developer to join our Quantitative Research ... Support the West Power and Carbon trading desks by working closely with quant researchers to ...

Engelhart

Junior Quantitative Developer

New York, NY · On-site

$150K - $180K/yr

About the Role We are looking for a Junior Quantitative Developer to join our Quantitative Research ... Support the West Power and Carbon trading desks by working closely with quant researchers to ...

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How much do junior quant jobs pay per hour?

As of Jul 29, 2026, the average hourly pay for junior quant in the United States is $26.96, according to ZipRecruiter salary data. Most workers in this role earn between $16.35 and $33.17 per hour, depending on experience, location, and employer.

What are the key skills and qualifications needed to thrive as a Junior Quant, and why are they important?

To thrive as a Junior Quant, you need a strong background in mathematics, statistics, programming (often Python, C++, or R), and typically a degree in a quantitative field such as mathematics, physics, computer science, or engineering. Familiarity with financial modeling tools, statistical analysis software, and version control systems like Git is often required. Outstanding analytical thinking, attention to detail, and the ability to work collaboratively in high-pressure environments are crucial soft skills. These skills and qualities enable Junior Quants to deliver accurate models and insights that drive successful trading and risk management decisions.

What jobs make $1,000,000 a year?

Junior Quant roles typically do not reach $1,000,000 annually; such high earnings are usually associated with senior positions, hedge fund managers, or successful traders in finance. These roles often require extensive experience, advanced quantitative skills, and sometimes ownership stakes or performance-based bonuses. Most professionals aiming for this level of income focus on developing expertise in quantitative analysis, programming, and financial markets.

What jobs pay $500,000 a year in the US?

In the US, high-paying roles such as senior hedge fund managers, investment bankers, and certain senior executives can earn $500,000 or more annually. Junior Quant roles typically do not reach this level, but experienced quantitative analysts with advanced skills in programming, statistics, and finance may approach high six-figure salaries with bonuses and profit sharing.

What are Junior Quants?

Junior Quants, short for Junior Quantitative Analysts, are entry-level professionals who use mathematical, statistical, and programming skills to analyze financial data and develop models for tasks such as pricing, risk management, and trading strategies. They typically work in investment banks, hedge funds, or financial technology firms under the guidance of senior quantitative analysts. Their responsibilities may include data analysis, coding algorithms, backtesting trading strategies, and supporting senior team members in research and decision-making. Junior Quants often hold degrees in fields like mathematics, physics, engineering, or computer science and may be familiar with programming languages such as Python, R, or C++.

Does JP Morgan hire quants?

Yes, JP Morgan hires quantitative analysts, often called quants, for roles in risk management, trading, and financial modeling. These positions typically require strong skills in mathematics, programming, and data analysis, and may involve using tools like Python, R, or MATLAB. The firm regularly recruits for junior and senior quant roles across its global offices.

How much does a junior quant make?

A junior quant typically earns between $70,000 and $120,000 annually, depending on the location, firm size, and individual skills. Entry-level roles often require proficiency in programming languages like Python or C++ and a strong background in mathematics or finance.

What is the difference between Junior Quant vs Quant Analyst?

AspectJunior QuantQuant Analyst
Required CredentialsBachelor's degree in Math, Finance, or related field; some internshipsBachelor's or Master's degree; often requires some experience
Work EnvironmentEntry-level, supportive team, learning-focusedMore independent, analytical, and project-driven
Employer & Industry UsageFinancial firms, hedge funds, asset managersFinancial institutions, investment banks, hedge funds

Junior Quants are typically entry-level roles requiring foundational skills and limited experience, focusing on learning and supporting senior staff. Quant Analysts usually have more experience, handling complex models and analysis independently. Both roles are common in finance and investment sectors, but Quant Analysts have greater responsibilities and expertise.

What are some common challenges faced by Junior Quants when transitioning from academic work to industry roles?

Junior Quants often find that moving from academic environments to industry roles presents challenges such as adapting to fast-paced deadlines, learning to work within multidisciplinary teams, and applying theoretical models to real-world, often noisy, data. In industry, there's a strong emphasis on producing actionable results and collaborating closely with traders, developers, and other stakeholders. Developing strong communication skills and becoming proficient with industry-standard tools and programming languages are key to overcoming these challenges and excelling in the role.
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Junior Quant jobs near you
Infographic showing various Junior Quant job openings in the United States as of July 2026, with employment types broken down into 96% Full Time, 3% Part Time, and 1% Contract. Highlights an 92% Physical, 3% Hybrid, and 5% Remote job distribution, with an average salary of $56,068 per year, or $27 per hour.

Junior Quant Programmer- Structured Credit

The Caldwell Group

Manhattan, NY • On-site

Other

Re-posted 2 hours ago

Job description

Junior Quant Programmer for Structured Credit Hedge Fund

Mid-sized structured credit fund seeks experienced quant programmer self-starter to help build and develop trading and operations/finance tools across a variety of product areas.  Strong programming skills required and knowledge of operating systems and database desirable, paired with experience working with financial products, and ability to work well in a fluid and collegial organization. 

Responsibilities:

  • Join existing quant team to develop tools to analyze and identify relative value in a variety of structured credit instruments.  The position entails a high level of interactions with the experienced and quantitatively-oriented trading team, risk manager, and the rest of the quant team.  Additional responsibilities include working with external IT firms to maintain and improve our overall IT infrastructure that includes networking, file and database replication.

Skills required:

  • Programming: Python, VBA, SQL.  Good programming practice, database desi
  • Degree: A bachelor''s degree in quantitative fields such as CS, engineering, physics, and math
  • Market:  Good familiarity with financial concepts -- yield curves, fixed income instruments, corporate bonds and loans, P&L, risk analysis 
  • Other: Good oral and written communication skills required

Apply